Oh what a difference a year makes!
The table summarizes the key statistics for Windermere Real Estate Sales for the month of September 2014 vs September 2013. The sales data includes all residential sales for Windermere, zip code 34786.
As prices have increased and the economy continues to improve more inventory has been placed into the market. Zeigler Realty Group are seeing more families moving into the area as well as locals being relocated out of the area. Mobility of the workforce is providing a nice stimulus to the broader local economy.
The availability of low interest rate mortgage loans is increasing the purchasing power of home buyers. The average interest rate last week for a 30 year mortgage dipped below 4%!
As more homes become available for sale the average days on the market has increased to a level closer to historical norms. However, Homes that are appropriately priced and in good condition are moving much faster than the average.
The average price of a home in Windermere, zip code 34786, can vary widely in any given month given the number of multi-million $ homes in the area. The median fluctuates but in a much narrower range.
Real estate valuation is unique to each property and neighborhood, it would be our privilege to provide you with a no obligation market valuation of your home and overview of your neighborhood. Contact Zeigler Realty Group today to request your free home valuation report.
Zeigler Realty Group
October 24, 2014